Category Archives: fools ‘n frauds

Dieselgate – Audi Fines of ~$1 Billion hit Porsche Guidance. Porsche is Economical with the Truth on Ongoing Risks.

Porsche rules out however a spin off ala Ferrari that could value and independent company at more than $80 billion. The remaining outstanding fraud case from the noxious diesel emissions scandal is remains ongoing in Stuttgart, where state prosecutors are investigating the role Volkswagen’s sports car brand Porsche played in the sordid diesel affair. Continue reading

Posted in environment, financial results, fools 'n frauds, fuel economy or emissions, litigation, news analysis | Tagged , , , , , , , , , , , , | Leave a comment

Beware of Self Interest in Mobility Promotion says NADA

“I get it. You can’t go to an automotive or a tech conference these days without hearing about the end of personal vehicle ownership,” he said. “But I’m asking you: Question the hype, ask for proof, and find out what they’re not telling you. The future will work itself out regardless. I just want us to be informed in the meantime.” Continue reading

Posted in alternative fuels, autonomous vehicles, customer satisfaction, electric vehicles, engineering, fools 'n frauds, fuel economy or emissions, marketing, news analysis, transportation | Tagged , , , , , , , , , , | Leave a comment

Trump’s International Ratings Remain Laughably Low

As the second anniversary of U.S. President Donald Trump’s election approaches, a new 25-nation Pew Research Center survey finds that Trump’s international image remains poor, while ratings for the United States are much lower than during Barack Obama’s presidency. Continue reading

Posted in fools 'n frauds, news analysis, people | Tagged , , , , , | Leave a comment

FAA Targets UAS or Drone Violators for Enforcement

In July 2016, Congress authorized the FAA to impose a civil penalty of not more than $20,000 for anyone who operates a drone and deliberately or recklessly interferes with wildfire suppression, law enforcement, or emergency response efforts. Continue reading

Posted in aviation, electronics, fools 'n frauds, news analysis, safety | Tagged , , , , , , , , | Leave a comment

Fourth of July 2018 – a Divided Nation That’s Lost Its Way

On our latest Fourth of July, we unfortunately, find some of our beliefs as outlined in the U.S. Constitution once again under attack by tyrants from the Royalty of Riches that makes its own laws in defiance of our binding pledge to “We the people.” Continue reading

Posted in AutoInformed Editorial, fools 'n frauds, people | Tagged , , , , | 1 Comment

Bosch Claims Diesel Record Readings of 13 mg NOx per kilometer. Too Little, Too Late to Clean Dirty Diesel Image?

The Volkswagen dieselgate scandal exposed clearly fraudulent conduct. VW, one of the world’s largest automotive groups, deliberately lied about diesel emissions and cheated during testing by using control software that resulted in dirtier diesel exhaust that was far dirtier in real driving than in the lab on a dynamometer. Continue reading

Posted in alternative fuels, engineering, fools 'n frauds, fuel economy or emissions | Tagged , , , , , , , , | Leave a comment

CARB OKs Plan to Mitigate Harm from Volkswagen Diesel Defeat Devices. Heavy-Duty Vehicles to Get Clean Technology

“This is a landmark moment in the saga of Volkswagen’s environmental violations,” said CARB Chair Mary D. Nichols. “Over the next 10 years this plan will put in place not only tools to clean up VW’s excess emissions, but also to help achieve further reductions of smog-forming pollution for decades to come.” Continue reading

Posted in auto news, environment, fools 'n frauds, fuel economy or emissions, litigation, news analysis, recalls | Tagged , , , , , , | Leave a comment

Troubled Asset Relief Program – Total Cost $32B

The Troubled Asset Relief Program (TARP) of 2008 and other desperate actions let the Department of the Treasury promote stability in financial markets through the purchase and guarantee of “troubled assets.” It was a latter part of the Emergency Economic … Continue reading

Posted in economy, fools 'n frauds, milestones, news analysis | Tagged , , , , , | Leave a comment

US Car Sales Plummet in February. Trucks Gain Again

The smoking tire and news wheel spin of the month – given Trump’s ongoing trade tirades amidst a complete collapse of White House staff support and an ongoing exodus – came from the American International Automobile Dealers Association Continue reading

Posted in fools 'n frauds, manufacturing, marketing, news analysis, sales | Tagged , , , , | Leave a comment

Me Too? Raj Nair, President North America, Fired by Ford

Job One at Ford appears to include masturbating on the assembly line, showing off pictures of penises, molesting and propositioning women and retaliating against those who refused to “go along with the program,” thereby providing an expanded definition of tit for tat. Continue reading

Posted in fools 'n frauds, litigation, manufacturing, people | Tagged , , , , , , , | Leave a comment

Gutting Consumer Finance Protection Bureau Hurts Auto Biz

As a congressman, Mick Mulvaney sponsored legislation to abolish the CFPB. A White House budget proposal cuts funding for the CFPB by ~$150 million – 25% of its total budget. Mulvaney has already frozen hiring and put a temporary hold on payments to victims of illegal banking practices. Three to 5 million American households turn to payday loan companies whose storefronts in working class neighborhoods outnumber McDonalds and Starbucks. Continue reading

Posted in customer satisfaction, fools 'n frauds, news analysis, people | Tagged , , , , , , | Leave a comment

More Significant Stories, Trends of 2017. And 2018?

A real victory starting in 2016 came from the work of the Union of Concerned Scientists. (Trump of course wants to ban the word and work of “science” because of its relentless search for the truth that in personal practice Trump has banned as a guiding principle for the largest democracy in the world.) Continue reading

Posted in auto news, economy, engineering, environment, fools 'n frauds, fuel economy or emissions, litigation, milestones, news analysis | Tagged , , , , , | Leave a comment

Significant Stories, Trends of 2017. And 2018?

However, journalists staring down a blank screen, an opaque prelude to more 2018 deadlines, do not have the option to Tweet and constantly Run away from the responsibilities of the job. Here is AutoInformed on some significant automotive related stories of the 2017 year, with our wry awareness, as always, that columnists conduct their education – sometimes not perfectly informed – in public. Continue reading

Posted in alternative fuels, auto news, AutoInformed Editorial, autonomous vehicles, customer satisfaction, engineering, fools 'n frauds, labor issues, litigation, marketing, recalls | Tagged , , , , , , , , , , , | Leave a comment

Trump’s Stealing from the Poor to Give to the Rich

“Anti-worker politicians have made no secret that they will next try to cut Medicare, Social Security, and, Medicaid. UAW members and retirees will remember those who fought for them and those who did not.” Continue reading

Posted in economy, fools 'n frauds | Tagged , , , , , | Leave a comment

Merry Christmas – Daimler Boasts of Trump Tax Gifts for Rich

Hoping to boost the stock price no doubt, Daimler on Christmas Eve is saying there will be a significant increase of Group Net Income as a result of Trump’s welfare for the wealthy plan. The law rushed through without public … Continue reading

Posted in economy, fools 'n frauds | Tagged , , , , | Leave a comment